Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Pay-TV, Video-on-Demand outgrowing ad-funded TV in Germany

October 24, 2018 5:02 PM
108 0

FRANKFURT (Reuters) - Pay-TV and Paid Video-on-Demand are expected to rapidly outgrow advertising funded TV in Germany this year, an industry association said, as commercial broadcasters struggle to compete with rivals like Netflix.

Revenues from subscription TV and video are seen growing by 10.7 percent to 3.4 billion euros ($3.9 billion), the VAUNET alliance of privately owned media companies said on Wednesday.

Read more

Share in social networks:

Comments - 0